detailed technical analysis post for Binance:đĽđĽđŻ
đ
$LQTY /USDT Technical Analysis â Strong Uptrend in Play đ
Current Price: $1.73 (+14.48%)
24h High: $1.741
24h Low: $1.434
Volume (24h): LQTY - 7.48M | USDT - 11.92M
The LQTY/USDT pair has been a standout gainer in the last 24 hours, rising by 14.48% and currently trading at $1.73. This sharp increase highlights strong bullish momentum, with the price nearing its 24-hour high of $1.741.
đ Key Levels to Watch:
Resistance: $1.741 (24h High)
Support: $1.434 (24h Low)
đ Price Action Insight:
Bullish Breakout: The price has been consolidating around the $1.73 level. A move above $1.741 could signal further bullish continuation, with potential to target the next resistance level near $1.80.
Support Zone: The lower bound at $1.434 is a critical support level. A drop below this level might indicate a correction or a trend reversal, but for now, the bullish trend remains intact.
⥠What to Expect:
For Bulls: Watch for a sustained break above $1.741 to potentially push the price to new highs. The strong volume suggests that buying interest is high.
For Bears: A dip below $1.434 could trigger a sell-off, but the momentum seems strong enough to maintain the upward trend in the short term.
Stay tuned to Binance for live updates, and always trade with caution!
#LQTYUSDT #CryptoTrading #Binance #TechnicalAnalysis #DeFi This post includes relevant technical details, market sentiment, and possible future price movements to keep traders informed.